Sounds like someone might have had another legal letter

Andrew Little has backed down over his outrageous comments over John Shewan.

They were as intemperate as his comments about the Hagamans.

Labour leader Andrew Little has today backed down from comments that the man charged with investigating New Zealand’s offshore trusts industry had advised the Bahamas Government on protecting its financial sector from tax changes.

Former PricewaterhouseCoopers chair John Shewan travelled to the island nation with former National Party leader Don Brash in 2014 to provide advice on GST changes.

The trip was arranged after a meeting between Prime Minister John Key and Bahamas Prime Minister Perry Christie.

On April 13, Mr Little alleged that Mr Shewan and Dr Brash had effectively advised the Bahamas – a country known for tax haven activity – on how to protect its offshore financial services industry and maintain its haven status.   

Appointing him to lead an inquiry on New Zealand’s offshore trusts industry showed a lack of judgment, he said.

But today, in a short statement, Mr Little admitted that he was wrong.

“In April, I made statements concerning advice provided to the Bahamas government by John Shewan, the person appointed to review the disclosure rule concerning foreign trusts in New Zealand. Those statements were based on a report in a Bahamas newspaper,” he said.

“After meeting with Mr Shewan, I accept his explanation that while he advised the Bahamas government on tax matters he did not advise them on how to maintain their tax haven status.”

Sounds suspiciously like a negotiated statement.

At the time, Mr Shewan said Mr Little’s claims were “unfortunate and misleading”.

He said the Bahamas Government had needed assistance in making its GST changes more workable.

Mr Shewan was appointed to independently review New Zealand’s foreign trust laws in April amidst continuing fallout from the “Panama papers”.

What fall out from the Panama Papers? Nothing was revealed other than lawyers do trust work and a Green party donor was named along with a dead man.

The Panama Papers story was an over-cooked spinfest from the Media party.

I wonder, though, when Andrew Little will get the stones to apologise to the Hagamans.

 

– NZ Herald


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As much at home writing editorials as being the subject of them, Cam has won awards, including the Canon Media Award for his work on the Len Brown/Bevan Chuang story. When he’s not creating the news, he tends to be in it, with protagonists using the courts, media and social media to deliver financial as well as death threats.

They say that news is something that someone, somewhere, wants kept quiet. Cam Slater doesn’t do quiet and, as a result, he is a polarising, controversial but highly effective journalist who takes no prisoners.

He is fearless in his pursuit of a story.

Love him or loathe him, you can’t ignore him.

To read Cam’s previous articles click on his name in blue.

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